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SPA Riyadh, Jan 26 (Saudi Arabia Breaking News) – The Saudi Fashion Commission signed a memorandum of understanding with Four Directions Real Estate Development Company to launch the “Fashion District” as an integrated urban destination dedicated to the fashion sector, according to a statement issued on the sidelines of the fifth Real Estate Future Forum. The initiative is designed to empower creative industries and support Riyadh’s positioning as a regional and global hub fo

French food group Danone logo is seen at the company headquarters in Paris, France, February 5, 2024. REUTERS/Sarah Meyssonnier Paris, Jan 26 (Saudi Arabia Breaking News) – Shares in Danone and Nestle fell on Monday after French company Vitagermine widened a precautionary recall of baby formula over concerns about possible contamination, affecting four manufacturers so far and raising the risk of combined losses exceeding $1 billion. Companies impacted by the recalls of infan

WAM Riyadh, January 24, 2026 (Saudi Arabia Breaking News) – Expo Centre Sharjah said it will launch the seventh edition of the Jewels of Emirates Show from Jan. 28 to Feb. 1, featuring more than 180 UAE jewellery makers, over 500 brands and international designers. The event, organised by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry (SCCI), will showcase diamond, platinum, gold and silver jewellery alongside gemstones, pearls and luxury w

SPA Riyadh, January 24, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef said meeting rapidly growing global demand for critical minerals requires integrating government policy, long-term investment and advanced technologies, alongside stronger supply chains and infrastructure. Alkhorayef made the remarks during a dialogue session on the future of minerals at the Saudi House pavilion on the sidelines of the World

SPA Riyadh, January 22, 2026 (Saudi Arabia Breaking News) – Saudi Arabia will host the World Economic Forum’s Global Collaboration and Growth Meeting in Jeddah on April 22-23, 2026, under the theme “Building Common Ground and Reviving Growth,” according to an announcement made on the final day of the forum’s 56th Annual Meeting in Davos. Economy and Planning Minister Faisal Alibrahim confirmed the dates of the regular high-level WEF meeting, first announced at the 2025 annual

SPA DAVOS, Switzerland, Jan 21, 2026 (Saudi Arabia Breaking News) – Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah met Ecuador’s Minister of Foreign Affairs and Human Mobility, Gabriela Sommerfeld, on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, and the two sides signed a general cooperation agreement. During the meeting, the ministers reviewed bilateral relations and ways to strengthen cooperation in several fields, and exchanged view

SPA Riyadh, Jan 20, 2026 (Saudi Arabia Breaking News) – The Saudi Red Sea Authority (SRSA) has launched new requirements and regulations for beach operators, creating a unified national framework aimed at developing coastal tourism by managing risks, improving service quality and prioritising life protection, the authority said. The framework covers more than 1,800 km of the Kingdom’s Red Sea coastline and limits beach operations to licensed entities. Licences will be valid f

Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – Fitch Ratings affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook, citing strong fiscal and external positions. Fitch said the Kingdom’s government debt-to-GDP ratio and sovereign net foreign assets remain considerably stronger than the median for both the ‘A’ and ‘AA’ rating categories. The agency noted that Saudi Arabia maintains substantial fiscal buffers throug

SPA Riyadh, January 19, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s Fashion Commission and the Retail Leaders Circle (RLC) Global Forum announced a strategic collaboration that will bring industry leaders from fashion, retail, investment and policymaking to Riyadh in February, the organizations said. The partnership will coincide with the forum taking place on February 3–4 and will include joint initiatives and discussions on the future of the fashion and retail sector

SPA Riyadh, January 19, 2026 (Saudi Arabia Breaking News) – Saudia has introduced a special aircraft livery featuring the “Saudi, Welcome to Arabia” design as part of its partnership with the Saudi Tourism Authority to promote the Kingdom as a global tourism destination, the airline said. The Boeing 787-9 aircraft carrying the new branding will operate across Saudia’s international network as part of a year-round campaign aimed at highlighting Saudi Arabia’s growing tourism s

SPA Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – The Global Cybersecurity Forum (GCF) and the World Economic Forum (WEF) have agreed to establish the Centre for Cyber Economics (CCE) in Riyadh, the organizations said. The agreement was signed during the WEF Annual Meeting 2025 in Davos. The Centre is designed to serve as an international platform for studying the economic dimension of cybersecurity. Its work will focus on generating research, analytical tools, and

SPA Riyadh, January 18, 2026 (Saudi Arabia Breaking News) – Members of Saudi Arabia’s delegation to the World Economic Forum (WEF) Annual Meeting 2026 outlined the Kingdom’s priorities for this year’s discussions in Davos, highlighting economic cooperation, technological transformation, and sustainable development. Foreign Minister Prince Faisal bin Farhan said the Kingdom views the forum as a platform to strengthen international partnerships and support efforts that reinfor

SPA Riyadh, January 16, 2026 (Saudi Arabia Breaking News) – stc group said it supported more than 12 million visitors at Riyadh Season as a premium official partner, marking its fifth consecutive year of strategic partnership. The group said it facilitated more than 2.8 million voice calls and handled over 15,000 terabytes of data through its 4G and 5G networks, providing connectivity for attendees and more than 10,000 roaming subscribers. To sustain capacity, stc said it exp

SPA Riyadh, January 15, 2026 (Saudi Arabia Breaking News) – Saudi Export-Import Bank (Saudi EXIM Bank) signed a memorandum of understanding with Japan’s Mizuho Bank to develop partnerships aimed at supporting exports and increasing Saudi-Japanese trade and investment flows, SPA reported. The MoU was signed by Saudi EXIM Bank CEO Eng. Saad bin Abdulaziz AlKhalb and Mizuho Bank’s Regional Head for Middle East, Africa and Central Asia Caucasus Yuki Mizunoe on the sidelines of th

SPA Saudi Arabia has taken a further step to strengthen its role in global critical minerals markets as Saudi Export-Import Bank signed a master insurance policy with Trafigura, covering multi-year prepayment transactions with mining companies worldwide. The agreement, valued at up to SAR 3 billion ($800 million), was signed under the patronage of Minister of Industry and Mineral Resources and Chairman of the Saudi EXIM Bank Board Bandar Alkhorayef. It represents the first po

A drone view shows the Seehof hotel and the town of Davos ahead of the annual meeting of the World Economic Forum (WEF), Switzerland, December 9, 2025. REUTERS ZURICH, January 13, 2026 (Saudi Arabia Breaking News) – Business and political leaders will head to the World Economic Forum’s annual meeting in Davos next week as the group’s vision of a rules-based global economic order faces one of its toughest tests in years. U.S. President Donald Trump is expected to appear at the

DarGlobal CEO Ziad El Chaar speaks during an interview with Reuters in Riyadh, Saudi Arabia, January 11, 2026. REUTERS/Hamad I Mohammed Riyadh, January 12, 2026 (Saudi Arabia Breaking News) – Saudi real estate developer Dar Global will launch two Trump-branded luxury projects in Riyadh and Jeddah with a combined value of $10 billion, CEO Ziar El Chaar said on Sunday. El Chaar told Reuters the Riyadh plans include a Trump National Golf Course and a Trump International Hotel in

SPA Riyadh, Jan 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s delivery sector recorded more than 124 million orders in the fourth quarter of 2025, up 60% from the same period a year earlier, according to a statistical bulletin issued by the Transport General Authority (TGA). The authority attributed the growth to ongoing development in the sector, including innovation in logistics services, wider use of technological solutions and rising reliance on e-commerce, which

Riyadh, Jan 12, 2026 (Saudi Arabia Breaking News) – Saudi Arabia’s General Authority for Statistics (GASTAT) said the Kingdom’s Industrial Production Index for November 2025 rose 10.4% year on year, driven by gains in mining and quarrying, manufacturing, and utility-related activities. The index fell 0.7% compared with October 2025, GASTAT said in its Industrial Production Index bulletin. Mining and quarrying recorded a 12.6% year-on-year increase in November, supported by hi